Cryptoverse: Big investors return to bitcoin
Jan 31 (Reuters) – Big investors are dipping their toes back into crypto waters after a bumper month for bitcoin. Investment products for digital assets, often...
Tagged: FINREG
Crypto exchange Kraken to shut down betting service, pay fine in US SEC settlement
Feb 9 (Reuters) – Cryptocurrency exchange Kraken has agreed to shut down its cryptocurrency betting service and pay $30 million in fines to settle with the...
How Ant fell into fintech’s middle-income trap
HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...
China’s regulator tells Futu and UP Fintech to stop seeking mainland clients
SHANGHAI/HONG KONG, Dec 30 (Reuters) – China’s securities regulator said on Friday that online brokers Futu Holding and UP Fintech Holding have been operating illegal securities...
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
Dec 6 (Reuters) – “I’m almost bankrupt,” said Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no point in exerting more depression...
JD.Com fintech unit aims to win Beijing approval for HK listing as soon as year ends – sources
HONG KONG/SYDNEY, Nov 15 (Reuters) – The fintech arm of Chinese e-commerce firm JD.Com ( 9618.HK ) aims to win Beijing regulators’ approval to list in...
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Singapore c.bank proposes measures on crypto trading, stablecoin
SINGAPORE, Oct 26 (Reuters) – Singapore’s central bank has proposed new regulatory measures for cryptocurrency and stablecoin trading, in a bid to reduce the risk of...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...